AIEEE Questions

Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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Filed Under: Indian Economy
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Q:

Isoneph indicates the lines of equal

A) cloudiness B) salinity
C) temperature D) pressure
 
Answer & Explanation Answer: A) cloudiness

Explanation:

A line on a map connecting points that have the same average percentage of cloudiness is called Isoneph.

 

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Filed Under: Indian Geography
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Q:

Access to potable water is most heavily limited by

A) Raw water supplies B) Money
C) Climate D) Precipitation
 
Answer & Explanation Answer: B) Money

Explanation:

The potable water is the water, which is tested and safe for drinking purpose and cooking preparations. The water is tested and purified in industries. So, the potable water is costly.

Access_to_potable_water_is_most_heavily_limited_by1557724525.jpg image

Hence, Access to potable water is most heavily limited by money.

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Filed Under: General Science
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Q:

What is the first step in Photosynthesis?

A) Formation of ATP B) Joining of 3-carbon atom to form glucose
C) Ionization of water D) Excitement of an electron of chlorophyll photon of light
 
Answer & Explanation Answer: D) Excitement of an electron of chlorophyll photon of light

Explanation:

The first step in Photosynthesis is Excitement of an electron of chlorophyll photon of light.

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Filed Under: General Science
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Q:

What sugar is found in RNA?

A) Deoxyribose B) Ribose
C) Pentose D) Sucrose
 
Answer & Explanation Answer: B) Ribose

Explanation:

RNA - ribonucleic acid is a type of nucleic acid. The sugar contained in it is called Ribose.

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Filed Under: Biology
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Q:

If 6 years are subtracted from the present age of Ayush and takes 25% of that then we get the present age of his only son. 4 years ago, his daughter’s age is 7 years more than his son. Sum of daughter’s present age and his wife’s present age is 10 years more than Ayush’s present age then find the present age of Ayush if average of present age of entire family is 30.25 yr? 

A)  45 year  B)  50 year 
C)  60 year  D)  40 year 
 
Answer & Explanation Answer: B)  50 year 

Explanation:

Let the present age of Ayush be x yr.

Present age of his son =

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Filed Under: Problems on Ages
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Q:

What is the name of a 12-year-old Indian-origin boy who has been crowned as the UK's 'child genius' in a popular television quiz competition ?

A) Rahul Doshi B) Anshul Verma
C) Ravi Sharma D) Ronan Kumar
 
Answer & Explanation Answer: A) Rahul Doshi

Explanation:
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Filed Under: General Awareness
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Q:

The journal entry to record a credit sale is

A) Accounts Receivable B) Accounts Payable
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Accounts Receivable

Explanation:

The journal entry to record a credit sale is Accounts Receivable. Credit sale is nothing butthe customers pay at the time of buying.

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Filed Under: Accounts Receivable
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